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LOOPRING (X100) - LRC/BTC
LOOPRING (X100) - LRC/BTC
- BTC (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: LRCBTC
ISIN:

LOOPRING (X100) - LRC/BTC - 1H - Technical analysis published on 06/10/2020 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.000978 BTC
My targets
0.001066 BTC (+0.38%)
0.001142 BTC (+7.53%)
My analysis
The bullish trend is currently very strong on LOOPRING (X100) - LRC/BTC. As long as the price remains above the support at 0.000978 BTC, you could try to benefit from the boom. The first bullish objective is located at 0.001066 BTC. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.001142 BTC as an objective. Crossing it would then enable buyers to target 0.002892 BTC. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Addareea
This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

LOOPRING (X100) - LRC/BTC rating 0.001062 BTC. The price registered an increase of +16.07% on the session with the lowest point at 0.000895 BTC and the highest point at 0.001129 BTC. The deviation from the price is +18.66% for the low point and -5.93% for the high point.

0.000895
0.001129
0.001062

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of LOOPRING (X100) - LRC/BTC in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.000750 0.000823 0.000978 0.001062 0.001142 0.002892 0.005710
Change (%) -29.38% -22.50% -7.91% - +7.53% +172.32% +437.66%
Change -0.000312 -0.000239 -0.000084 - +0.000080 +0.001830 +0.004648
Level Intermediate Major Minor - Intermediate Minor Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0006780.0007500.0008330.0009050.0009880.0010600.001143
Camarilla0.0008720.0008870.0009010.0009150.0009290.0009430.000958
Woodie0.0006830.0007530.0008380.0009080.0009930.0010630.001148
Fibonacci0.0007500.0008100.0008460.0009050.0009650.0010010.001060


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0003460.0004280.0005860.0006680.0008260.0009080.001066
Camarilla0.0006780.0007000.0007220.0007440.0007660.0007880.000810
Woodie0.0003840.0004470.0006240.0006870.0008640.0009270.001104
Fibonacci0.0004280.0005200.0005760.0006680.0007600.0008160.000908


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0001570.0002450.0003790.0004670.0006010.0006890.000823
Camarilla0.0004530.0004730.0004940.0005140.0005340.0005550.000575
Woodie0.0001810.0002570.0004030.0004790.0006250.0007010.000847
Fibonacci0.0002450.0003300.0003820.0004670.0005520.0006040.000689

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 74.06
MACD (12,26,9): 0.0000
Directional Movement: 45.260550
AROON (14): 78.571428
DEMA (21): 0.000961
Parabolic SAR (0,02-0,02-0,2): 0.000884
Elder Ray (13): 0.000088
Super Trend (3,10): 0.000903
Zig ZAG (10): 0.001047
VORTEX (21): 1.0527
Stochastique (14,3,5): 67.51
TEMA (21): 0.000972
Williams %R (14): -31.01
Chande Momentum Oscillator (20): 0.000171
Repulse (5,40,3): 11.3455
ROCnROLL: 1
TRIX (15,9): 0.2875
Courbe Coppock: 10.98
MA7: 0.000837
MA20: 0.000629
MA50: 0.000486
MA100: 0.000470
MAexp7: 0.000952
MAexp20: 0.000930
MAexp50: 0.000896
MAexp100: 0.000850
Price / MA7: +26.88%
Price / MA20: +68.84%
Price / MA50: +118.52%
Price / MA100: +125.96%
Price / MAexp7: +11.55%
Price / MAexp20: +14.19%
Price / MAexp50: +18.53%
Price / MAexp100: +24.94%

Quotes : 2020-06-10 10:24:45 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia
Londinia AI

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